Siemens Power Deal: FG To Collaborate With Egypt

Posted on March 2, 2021

President Muhammadu Buhari has ordered the Ministry of Power to work with the Egyptian Government on an effective rollout of the Presidential Power Initiative with German engineering company, Siemens AG.

This was disclosed by Mr. Aaron Artimas, Special Adviser, Media and Communication to the Minister of Power,  in a statement in Abuja on Monday.

The Minister of Power, Mr. Sale Mamman, disclosed this in a meeting with the Egyptian Ambassador to Nigeria, Mr. Ihab Awad, citing that the FG wants to learn from Egypt’s successful implementation of a power upgrade with Siemens AG.

“The President had reasoned that obtaining more information from Egypt will enable Nigeria to maximize our agreement with Siemens, towards the total overhaul of our power grid and distribution systems,” he said.

The Power Minister said that the FG would leverage on Egypt’s rollout programme also and added that both countries would also collaborate on renewable energy, and improving other sectors of the electricity value chain.

The FG and Siemens AG have signed a contract for the pre-engineering phase of the Presidential Power Initiative.

In 2018, Siemens, Elsewedy Electric, and Orascom Construction launched a 14.4 GW  project under 30 months including the largest combined cycle megaprojects in Beni Suef, Egypt.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

President Bola Tinubu has described the late Alhaji Aminu Dantata as a titan of... Continue
The Special Adviser to the Lagos State Governor on Tourism, Arts and Culture, Mr.... Continue
ERNEST OMOARELOJIE  The Peoples Democratic Party, PDP, is currently going through one of its... Continue
In recognition of its position as a digital pioneer in the African banking landscape,... Continue
BOLA TINUBU  Today, we gather under a heavy shadow, drawn from the silence surrounding... Continue
MICHAEL AKINOLA This is not the best of times for the family of Mr.... Continue
MAZI EJIMOFOR OPARA At every market visited and every stop made, one is reminded... Continue
KINGSLEY EBERE    Operatives of the Commissioner of Police Tactical Squad, Ikeja, Lagos, have... Continue
The African Development Bank, in partnership with the Islamic Development Bank, Nigeria’s Federal Government... Continue
KINGSLEY EBERE  A Federal High Court sitting in Ikoyi and  presided over by Hon... Continue

UBA


Access Bank

Twitter

Sponsored